Galena in transformational deal

GALENA Mining has announced it will sell 40% of its Abra base metals project in Western Australia to Japan’s Toho Zinc for A$90 million.

Galena in transformational deal Galena in transformational deal Galena in transformational deal Galena in transformational deal Galena in transformational deal

Drill core from Abra

Toho will pay an initial $20 million on the closing of the transaction, followed by a further $10 million on completion of a definitive feasibility study, which is expected by mid-year.